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Bajaj Housing Finance's $782 million public offer was fully subscribed on the first day of bidding on Monday, kicking off the busiest week for Indian IPOs so far this year as companies seek to capitalise on a booming stock market amid a retail investor frenzy. India's stock market has hit record highs over 50 times this year and has seen about 200 companies raise more than $7 billion through IPOs, including high-profile offerings from EV-maker Ola Electric Mobility and telecom oper...
Bajaj Housing Finance's $782 million IPO fully subscribed in busy week for Indian floats
Bajaj Housing Finance is targeting a valuation of 582.97 billion rupees ($6.94 billion) in one of India's biggest initial public offerings this year, a term sheet showed on Tuesday. Bajaj Housing Finance, the country's second biggest home loan financier by assets under management, has set a price band of 66-70 rupees per share for its $782 million IPO, which will run from Sept. 9 to Sept. 11. The IPO is among the biggest offerings so far this year in a red-hot market that has se...
India's Bajaj Housing Finance targets $7 billion valuation in IPO
Bharti Hexacom has debuted at Rs 755.20 on the BSE, up by 185.20 points or 32.49% from its issue price of Rs 570.00. The scrip is currently trading at Rs 806.20, up by 236.20 points or 41.44% from its issue price. It has touched a high and low of Rs 824.70 and Rs 755.20 respectively. So far 12.37 lakh shares were traded on the counter. The offering, which was open for subscription between April 03, 2024 and April 05, 2024 was subscribed 29.88 times. The issue price was fi...
Bharti Hexacom lists with 32.49% premium on the BSE
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